Check that the sum insured reflects the likely cost to rebuild your home, including demolition, debris removal, professional fees and required building upgrades. Review what is covered and excluded, including flood, storm, fire, accidental damage, pest damage and damage from poor maintenance. Compare excesses, temporary accommodation, legal liability limits and any conditions about security, unoccupied periods or renovations. Read the Product Disclosure Statement and tell the insurer about relevant changes; a licensed insurance adviser or the insurer can help assess your circumstances.